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Mobio Technologies ( (TSE:MBO) ) just unveiled an announcement.
Mobio Technologies Inc. announced the results of its special general meeting of shareholders, where several key resolutions were approved. These include a qualifying transaction with Tracksuit Movers Inc., a non-arm’s length private placement to raise $1.8 million, and the conversion of outstanding loans into common shares. Additionally, the company’s stock option plan was re-approved, and the board of directors was elected. The transaction awaits final acceptance from the TSX Venture Exchange.
More about Mobio Technologies
Mobio Technologies Inc. is a publicly traded company on the TSX Venture Exchange, headquartered in Vancouver, BC. The company operates Strutta.com Media Inc., a social promotions platform that aids marketers in converting potential customers from strangers to fans to customers. Strutta’s Promotions API provides a technology platform for facilitating social media competitions and campaigns for global brands.
YTD Price Performance: -3.12%
Technical Sentiment Signal: Sell
Current Market Cap: C$5.94M
For an in-depth examination of MBO stock, go to TipRanks’ Stock Analysis page.